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Neglected Prophets: Paul Davidson: The Truest Keynesian?

Author

Listed:
  • Richard P.F. Holt

    (Southern Oregon University)

  • J. Barkley Rosser, Jr.

    (James Madison University L. Randall Wray)

  • L. Randall Wray

    (Levy Institute
    University of Denver)

Abstract

Paul Davidson is one the best known and influential Post Keynesian economists alive today. He has insisted throughout his career that economists should focus on real world problems and that the purpose of economic policy is to help society become more humane and civilized. He is also known for his insistence on adhering to the words and ideas of John Maynard Keynes. This article reviews his contributions to monetary theory, international economics, aggregate supply theory, and environmental economics.

Suggested Citation

  • Richard P.F. Holt & J. Barkley Rosser, Jr. & L. Randall Wray, 1998. "Neglected Prophets: Paul Davidson: The Truest Keynesian?," Eastern Economic Journal, Eastern Economic Association, vol. 24(4), pages 495-506, Fall.
    • Handle: RePEc:eej:eeconj:v:24:y:1998:i:4:p:495-506
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/eeconj/Volume24/V24N4P495_506.pdf
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    Citations

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    Cited by:

    1. Stefan VOSS, 2016. "Paul Davidson, Post Keynesian Theory and Policy: A Realistic Analysis of the Market Oriented Capitalist Economy," Turkish Economic Review, KSP Journals, vol. 3(2), pages 373-381, June.
    2. Finn Olesen, 2013. "Teaching macroeconomics: seeking inspiration from Paul Davidson," Chapters, in: Jesper Jespersen & Mogens Ove Madsen (ed.), Teaching Post Keynesian Economics, chapter 8, pages 134-149, Edward Elgar Publishing.

    More about this item

    Keywords

    Post Keynesian; Supply; Keynes;
    All these keywords.

    JEL classification:

    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory

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